In accordance with its Constitution Australian Women Lawyers (AWL) Limited is required to host an Annual General Meeting (AGM) within 5 months of the end of the financial year.
Traditionally, the AGM is held as a face to face meeting and its location is rotated amongst each State and Territory of Australia.
The AGM provides an opportunity for AWL’s Board and its members to come together and review the achievements of the Association over the previous 12 months.
In accordance with its Constitution notice in writing of the place, date, hour and object of the AGM is to be circulated to members at least 28 days before the meeting.
The Constitution also states that the notice must specify the general nature of the business to be conducted and any motions to be put to the meeting.
Under the Constitution the following business must be transacted at the AGM:
- The receiving of the statement of income and expenditure, assets and liabilities and of mortgages, charges and securities affecting the property of the Association for the last financial year
- The receiving of the auditor’s report on the financial affairs of the Association for the last financial year
- The presenting of the audited statement to the meeting for adoption
- The appointment of an auditor
Financial Report
Each year at the AGM the Board prepares and tables its Financial Report (for the relevant financial year ending) and copies are distributed to members who attend the meeting.
The AWL Financial Report contains the following statements and reports for the relevant financial year:
Directors’ Report
Statement of Comprehensive Income
Statement of Financial Position
Statement of Changes in Equity
Statement of Cash Flows
Notes to the financial statements
Directors’ Declaration
Independent Auditor’s Report
